# The International Tax Compliance (Client Notification) Regulations 2016, Regulation 4: Client exchange of tax information notifications


For regulation 13 (penalties for failure to comply with Regulations), substitute—
“13. (1) A person is liable to a penalty of £3,000 if the person fails to comply with any obligation under regulations 12B to 12E.
(2) A person is liable to a penalty of £300 if the person fails to comply with any other obligation under these Regulations.”.

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Source: https://www.legislation.gov.uk/uksi/2016/899/regulation/4 (the official version)
Page: https://openlegislation.uk/international-tax-compliance-client-notification-regulations-2016/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.